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Based on the following cash flows (t=0 to t=4), calculate the Approximate-ERR. Assume the MARR is at 10%. t=0 -$60,000. t=1 $30,000. t=2 $30,000.
Based on the following cash flows (t=0 to t=4), calculate the Approximate-ERR. Assume the MARR is at 10%. t=0 -$60,000. t=1 $30,000. t=2 $30,000. t=3 $30,000. t=4 -$7,500. Approximate ERR = 11.946% Approximate ERR = 12.827% Approximate ERR = 13.403% Approximate ERR = 14.110% Approximate ERR = 15.032%
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
7th Edition
013213683X, 978-0132136839
